PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FFLDX vs. FSMDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FFLDX vs. FSMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2055 Fund (FFLDX) and Fidelity Mid Cap Index Fund (FSMDX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.64%
12.26%
FFLDX
FSMDX

Returns By Period

In the year-to-date period, FFLDX achieves a 15.31% return, which is significantly lower than FSMDX's 19.98% return.


FFLDX

YTD

15.31%

1M

-0.72%

6M

6.64%

1Y

22.41%

5Y (annualized)

9.89%

10Y (annualized)

N/A

FSMDX

YTD

19.98%

1M

3.37%

6M

12.26%

1Y

31.68%

5Y (annualized)

10.42%

10Y (annualized)

9.13%

Key characteristics


FFLDXFSMDX
Sharpe Ratio2.112.37
Sortino Ratio2.973.27
Omega Ratio1.381.41
Calmar Ratio2.981.96
Martin Ratio13.4613.48
Ulcer Index1.64%2.32%
Daily Std Dev10.45%13.20%
Max Drawdown-30.72%-40.35%
Current Drawdown-1.83%-1.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FFLDX vs. FSMDX - Expense Ratio Comparison

FFLDX has a 0.08% expense ratio, which is higher than FSMDX's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FFLDX
Fidelity Freedom Index 2055 Fund
Expense ratio chart for FFLDX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for FSMDX: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.9

The correlation between FFLDX and FSMDX is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

FFLDX vs. FSMDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2055 Fund (FFLDX) and Fidelity Mid Cap Index Fund (FSMDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for FFLDX, currently valued at 2.11, compared to the broader market-1.000.001.002.003.004.005.002.112.37
The chart of Sortino ratio for FFLDX, currently valued at 2.97, compared to the broader market0.005.0010.002.973.27
The chart of Omega ratio for FFLDX, currently valued at 1.38, compared to the broader market1.002.003.004.001.381.41
The chart of Calmar ratio for FFLDX, currently valued at 2.98, compared to the broader market0.005.0010.0015.0020.0025.002.981.96
The chart of Martin ratio for FFLDX, currently valued at 13.46, compared to the broader market0.0020.0040.0060.0080.00100.0013.4613.48
FFLDX
FSMDX

The current FFLDX Sharpe Ratio is 2.11, which is comparable to the FSMDX Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of FFLDX and FSMDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.11
2.37
FFLDX
FSMDX

Dividends

FFLDX vs. FSMDX - Dividend Comparison

FFLDX's dividend yield for the trailing twelve months is around 1.73%, more than FSMDX's 0.95% yield.


TTM20232022202120202019201820172016201520142013
FFLDX
Fidelity Freedom Index 2055 Fund
1.73%1.96%1.98%1.61%1.39%1.71%2.20%1.73%2.26%2.30%0.00%0.00%
FSMDX
Fidelity Mid Cap Index Fund
0.95%1.39%1.59%1.10%1.37%1.42%1.85%1.32%1.35%2.29%3.82%2.74%

Drawdowns

FFLDX vs. FSMDX - Drawdown Comparison

The maximum FFLDX drawdown since its inception was -30.72%, smaller than the maximum FSMDX drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for FFLDX and FSMDX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.83%
-1.32%
FFLDX
FSMDX

Volatility

FFLDX vs. FSMDX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2055 Fund (FFLDX) is 2.97%, while Fidelity Mid Cap Index Fund (FSMDX) has a volatility of 4.10%. This indicates that FFLDX experiences smaller price fluctuations and is considered to be less risky than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.97%
4.10%
FFLDX
FSMDX